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Re: Blockbuster Finally Dumps VHS

Posted by Dale Houstman on 10/01/85 11:25

Mark Jones wrote:
> Black Locust wrote:
>
>>Blockbuster Inc., reeling from a disastrous second quarter and soft
>>rental market, will increase by $3 the two-titles-out in-store Movie
>>Pass subscription to $27.99 at select stores beginning Sept. 6. The
>>move follows a similar price increase for Blockbuster Online earlier
>>this month.
>
>
> I will dump it immediately if they do that.
>
>

They probably expect you to.

The national bankruptcy laws change in Oct. There are more than a few
corporations getting ready to declare themselves bust, to get out ahead
of the curve, and get away with as much luchre as they can. Here in
Minneapolis, it's Northwest Airlines screwing over their workers, and
headed for insolvency, which - for CEOs - means golden parachute time.
So Blockbuster probably wants you to dump'em. That's one more reason to
declare bankruptcy and head off to the Caymans with as much money as
they can squeeze out of their employees and suppliers.

Capitalism's grand, ain't it?

dmh

 

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